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CME knocked out of race for LME
@ Tue May 22 12:12:03 +0000 2012
Field for the 135-year-old exchange narrows to two players, ICE and HKEx, after the group refuses to improve on its £1.05bn offer
Facebook shares drop below issue price
@ Mon May 21 23:28:28 +0000 2012
Shares in the social networking company, which raised $16bn in its initial public offering, lose 11% to fall below $38 issue price
Regulator spurred in push for swaps rules
@ Mon May 21 19:59:16 +0000 2012
American banks have been dealt a blow after the main US swaps regulator says new rules will probably apply to their overseas branches and affiliates

